Managua other Central American neighbouring countries to show off their horses, skills, and horserider costumes. Another festival taking place since 2003 is the "Alegria por la Vida" (Happiness for Life) Carnaval is celebrated in Managua at the beginning of the month of March. There's a different slogan or theme every year. This event is celebrated with parades, floats, live music, food and dancing as well as the march of the Carnival Queen. The National Library holds a great amount of volumes and affords abundant bibliographic information about the discovery and independence of Nicaragua. The National Palace of Culture has an exhibition
Managua Somoza García and his family (1936–1979), the city was rebuilt and began to grow rapidly. New government buildings were erected, industry developed, and universities were established. The city's development caught the attention of Irving Fields and Albert Gamse, who composed a musical piece about the city that became popular in the 1940s through the performances of Freddy Martin, Guy Lombardo and Kay Kyser. Managua had become Central America's most developed city. Today's references differentiate the pre-1970s Managua by labeling it as "La Antigua Ciudad," which in English translates to "The Ancient City" or "The Old City". Managua's progress came to