2. The Wizard of Oz (1939)
Another most expensive production of its time ‘The Wizard of Oz’ is based on a well known novel. On initial release the movie does not hit the box office despite getting largely positive reviews worldwide. But within a year movie become so popular in American culture. The special effects and character’s make-up made this movie one of the best featured films of its time and nominate it for six Academy Awards including best picture.