Which economic term describes a situation where one company controls all the means of production of a product and can set its own price

This describes a monopoly.

A monopoly is a type of economic situation in which one company controls all means of production, and is able to set its own price. Generally, there is one major player that control the entire market, and is therefore able to determine the quantity and price for the good that it produces

Towns and small farms are usually for land, lakes, rivers, and seas.they also produce other food, like crops.it's also where animals are, where we get our meat.large plantations normally have forests, where crops are grown for sale. (similar to farms)plantations have larger fields of crops.our wine, sugar canes, and fruits come from plantations.