Probably the most popular package managers are apt-get, aptitude, synaptic, and Software Center. There are others (Linux Mint has its own, and there are some designed for KDE), but these are the ones you'll run into most often.
apt-get is a simple command-line tool. It's handy if you know the exact package name of what you want to install and don't want to spend time clicking through a GUI to get it.
aptitude is very similar to apt-get, and I've heard that it deals better with crazy dependency situations. Which one is really better is debatable.
synaptic is a low-level GUI. This is a good choice if you are a fairly advanced user but are not comfortable with command-line utilities.
Software Center is a very high-level, new-user-friendly GUI. Software is nicely categorized so that, if you're not exactly sure what app you want, you can find what you need quickly. The Software Center also stands out in that it is the only package manager in this list that allows you to purchase commercial applications.
dpkg is a lesser-used, low-level package manager standard for most Debian-based systems. In reality, apt-get, aptitude, synaptic, and the Ubuntu Software Center are all just front-ends to either dpkg or apt, which is in itself a front-end to dpkg.
In answer to your question, "which one is the recommended choice for normal day-to-day package management", I would say that Software Center is recommended for most uses. But as you gain more experience, you will find some of the features of lower-level package managers useful.
taskselis for selecting specific tasks, not for installing J. Random Package.
aptitude, with a special mention of my favourite front-end,
aptitudesee another question on this site - Is aptitude really better than apt-get?