The United States has operated under a two-party system for most of its history. For elective offices at most levels, state-administered primary elections choose the major party nominees for subsequent general elections. Since the general election of 1856, the major parties have been the Democratic Party, founded in 1824, and the Republican Party, founded in 1854. Since the Civil War, only one third-party presidential candidate—former president Theodore Roosevelt, running as a Progressive in 1912—has won as much as 20% of the popular vote, though the self-financed Reform party campaign of Ross Perot took 18.9% in 1992. The president and vice president are elected by the Electoral College.