Watch this iconic clip where Grandpa Martin questions the relentless pursuit of wealth:

: It was the second film from Columbia Pictures to take home the top Academy Award.

: Frank Capra made history by winning his third Best Director Oscar in just five years.

: Ann Miller was only 15 during filming and had to hide intense pain from dancing en pointe without proper ballet shoes. IMDb notes that James Stewart would bring her boxes of candy to cheer her up.

: The grounded, loving anchor of the wild Sycamore household.

: The banking vice president torn between corporate expectations and a desire for real joy.

: Lionel Barrymore was suffering from severe arthritis and a hip injury. The script was specifically rewritten to give his character a "sprained ankle" so he could use his real-life crutches.

: This marked the very first collaboration between Frank Capra and James Stewart. They would later team up for the legendary Mr. Smith Goes to Washington and It's a Wonderful Life .