Identify and define the two types of laws we have in this country. (michigan is my state) (write one paragraph at the max!)

Which of the following best describes the term capitalism? it is a concept that holds, at a minimum, that all people are entitled to equal protection under the law. it is an economic system based on the private ownership of wealth-producing property. it is a set of political beliefs that include the advocacy of active government. it is an intrinsic property which measures the disregard for material possessions. it is a more popular term for the set of political beliefs known as liberalism.