Two-party system
A two-party system is a party system where two major political parties dominate the government. One of the two parties typically holds a majority in the legislature and is usually referred to as the "majority" or "governing party" while the other is the "minority" or "opposition party". Around the world, the term has different senses. For example, in the United States, Jamaica, and Malta, the sense of "two-party system" describes an arrangement in which all or nearly all elected officials belong to one of the only two major parties, and third parties rarely win any seats in the legislature. In such arrangements, two-party systems are thought to result from various factors like winner-takes-all election rules. In such systems, while chances for third-party candidates winning election to major national office are remote, it is possible for groups within the larger parties, or in opposition to one or both of them, to exert influence on the two major parties. In contrast, in the United Kingdom and Australia and in other parliamentary systems and elsewhere, the term "two-party system" is sometimes used to indicate an arrangement in which two major parties dominate elections but in which there are viable third parties which do win seats in the legislature, and in which the two major parties exert proportionately greater influence than their percentage of votes would suggest.
List of unsuccessful major party candidates for Vice President of the United States
The two current major parties are the Democratic Party and the Republican Party. At various points prior to the American Civil War, the Federalist Party, the Democratic-Republican Party, the National Republican Party, and the Whig Party were major parties. In the 1872 presidential election, the Liberal Republican Party put forward an unsuccessful major party vice presidential nominee, Benjamin Gratz Brown. Brown and his running mate, Horace Greeley, were also nominated by the Democratic Party.