WelQome To The Reality of QCS It's Technicolor and the Gold and Silver Backed Currency. To Catch a Thief ~One~
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Dorothy’s slippers are made of silver, not rubies, as the entire book serves as a political allegory for gold and silver’s battle to become the primary American currency in the early Twentieth Century. Dorothy initially follows the Yellow Brick Road (aka the Gold standard) to try and find her way back home to Kansas but eventually discovers that the road is a path to nowhere and her silver slippers (aka the Silver Standard) were what would get her home the whole time.
But the political symbolism was abandoned in the film adaptation — along with the fact that Oz is a very real place instead of Dorothy’s dream — and the slippers were switched from silver to red in order to emphasize the switch from black-and-white to technicolor upon Dorothy’s arrival in Oz.