
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
Given the polar coordinate equation of curve $C\_1$ as $ρ=2\cos θ$, and the parametric equations of curve $C\_2$ as $ \begin{cases} x=-\frac {4}{5}t \\ y=-2+ \frac {3}{5}t\end{cases}$ (where $t$ is a parameter).
(1) Determine the positional relationship between $C\_1$ and $C\_2$;
(2) Let $M$ be a moving point on $C\_1$, and $N$ be a moving point on $C\_2$, find the minimum value of $|MN|$.

Present the answer in LaTex format: \boxed{Your answer}
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