Which system of government generally permits some individual economic freedom but restricts individual political freedom, frequently on the grounds that it would lead to the rise of communism?

right-wing totalitarianism

This is a political system whereby political power is monopolized by a party or individual. Individual economic freedom is generally permitted but individual political freedom, including free speech, is limited  on the grounds that it would lead to the rise of communism

first industrial revolution - the first wave of the industrial revolution lasted from the late 1700s to the mid-1800s. it industrialized the manufacture of textiles and began the move of production from homes to factories. steam power and the cotton gin played an important role in this period.