What type of economy would a country have if: the economy was dependent on the oil industry which was owned by the government BUT the government plays a small role in the economy otherwise?

Congress is controlled by the democrats. president yaeger, a republican, takes several actions that are opposed by the democrats in congress. first, the president introduces a new budget that cuts most of the government's social programs and gives tax breaks to the wealthy. next, president yaeger negotiates a trade treaty with a nation accused of human rights abuses. then, the president gives pardons to three republican senators who have been convicted of crimes.