The difference between Dreamworld and Fantasy land
When used as nouns, dreamworld means an imaginary world, such as experienced while dreaming, whereas fantasy land means an ideal place that does not exist in reality.
check bellow for the other definitions of Dreamworld and Fantasy land
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Dreamworld as a noun:
An imaginary world, such as experienced while dreaming.
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Fantasy land as a noun:
An ideal place that does not exist in reality.
Examples:
"In the movie ''Back to School'', an economics professor suggests building a factory in a place where no political corruption must be calculated into the costs; the protagonist replies "How about fantasy land?"