In a situation where a small group of like minded people are the ruling class, that's called an oligarchy. Perhaps the most famous one was in ancient Sparta. There,unlike Athens, Sparta was run by a small clique of people who held onto all the power.
this person is called a ruler, king or
Dictatorship ~APEX~ ;) it is called a dictator ship
Communism is the political system that called for government control of the economy.
Leaders have total control.
Dictorship
A dictatorship
fascism
Totalitarian Government
The answer is in the question: Totalitarianism
The economic policy of giving business total control of its development is called laissez-faire.
An absolute monarchy
The economic policy of giving business total control of its development is called laissez-faire. It's French for "Let it alone"...let businesses do what they want to do without government interference