The film It's a Wonderful Life was released in the United States.
Frank Capra directed the movie It's a Wonderful Life, which became a classic American film.
Actor James Stewart was cast in the lead role of George Bailey in It's a Wonderful Life.
Young George Bailey heroically rescues his brother Harry from drowning in the icy water of the frozen river, setting a precedent for his self-sacrificing nature.
George Bailey graduates from high school and dreams of exploring the world and becoming a great architect.
George plans to leave his small town of Bedford Falls to travel and study architecture but is called back due to his father's stroke.
After his father's sudden death, George stays in Bedford Falls to run the Bailey Brothers' Building and Loan Association, preventing Mr. Potter's monopoly.
George meets Mary Hatch, who eventually becomes his wife and life partner.
George stops a fight in a local pool hall, showcasing his protective nature over the town's youth.
George and Mary formally get engaged, marking the beginning of their lifelong partnership.
George and Mary marry and begin their life together in Bedford Falls.
George and Mary start their family, deepening George's ties to Bedford Falls.
George consistently manages the Building and Loan, preventing Mr. Potter from acquiring the entire town.
The death of George's father forces George to take responsibility for the family business and stay in Bedford Falls.
After financial troubles due to a misplaced $8,000, George feels hopeless and considers ending his life on Christmas Eve.
Angel Clarence shows George an alternate reality where he was never born, revealing his impact on Bedford Falls.
The citizens of Bedford Falls rally to provide the lost $8,000, demonstrating their gratitude and friendship with George.
George understands the value of his life and is warmly reunited with Mary and his family.