Final answer:
The Populist Party is the only one in American history to evolve from a minor party into a major one.
Step-by-step explanation:
The third party that evolved from a minor party into a major one in American history is the Populist Party, also known as the People's Party. The Populist Party emerged in 1892 in reaction to the perceived domination of U.S. society by big business and the decline in power of farmers and rural communities.
The Populist Party called for the regulation of railroads, an income tax, and the popular election of U.S. senators. Although the party disappeared from the national scene after 1908, its ideas were similar to those of the Progressive Party, which was created in 1912.