Explore how “It’s A Wonderful Life” has transcended its role as a holiday film to become a cultural cornerstone, shaping the way generations celebrate and perceive the spirit of the holidays. Discuss the themes of hope, family, and redemption emphasized in both the film and its musical adaptation, and their influence on holiday traditions. Examine the film’s impact on cultural rituals through the lens of media’s power to perpetuate and evolve traditions. Consider incorporating examples of other films or media that have similarly shaped cultural perceptions and practices. Conclude by reflecting on the lasting relevance of such narratives in maintaining and enriching societal values.