Answer:
Single-replacement reaction
Step-by-step explanation:
Single-replacement reactions, aka. single-displacement reactions, involve one element/ion in a compound being replaced by another element/ion. In this case, aluminum is replacing the iron in the compound.
If you need help visualizing, the equation looks like this:
Fe₂O₃ + Al³⁺ --> Al₂O₃ + Fe³⁺