Near the end of the 1920s, the stock market crashed and the Great Depression began. During the Great Depression, the Republican Party became less popular. No Republicans were president between 1933 and 1953, when Dwight Eisenhower began his first of two consecutive terms as president. (He was re-elected in 1956.) Richard Nixon lost the election in 1960, but was elected president on the Republican ticket in 1968 and again in 1972.