How can I make a list of dictionaries according to the Cartesian product of values in a source dictionary ("explode" the dictionary)?

Given a dictionary that looks like this:

{
    'Color': ['Red', 'Yellow'],
    'Size': ['Small', 'Medium', 'Large']
}

How can I create a list of dictionaries that combines the various values of the first dictionary's keys? What I want is:

[
    {'Color': 'Red', 'Size': 'Small'},
    {'Color': 'Red', 'Size': 'Medium'},
    {'Color': 'Red', 'Size': 'Large'},
    {'Color': 'Yellow', 'Size': 'Small'},
    {'Color': 'Yellow', 'Size': 'Medium'},
    {'Color': 'Yellow', 'Size': 'Large'}
]