Static (non-HD) wallets stick to using a single address for all transactions. While that's simpler, address reuse greatly undermines your privacy.
HD (or "hierarchical deterministic") wallets like Jaxx Liberty generate a new address every time digital assets are sent to the current address. All addresses generated from the same wallet can be used to receive digital assets, and all digital assets sent to any of these addresses will show up in your balance. The balance you see on your main wallet screens represent the total sum between those addresses.