The default action in a drop button (the one that appears first, as the "button") should always be the action that users want to do most of the time. Secondary actions should fall inside the "drop" and will require an additional click.
For the node type listing, the action that's in the button right now is "Edit" but most users will want the "Manage Fields" option here far more often than "Edit".

Recent comments
Thanks!! Easiest for me to just give permission for anon users to see the admin theme. That worked. It's just for this one page.
Link field in a Content Type is malformed for annonymous user- Permission issue?
It looks like the screenshot of what you show it should look like is the admin theme whereas what they see is the front end theme. By default, such users won't have permissions to see the...
Link field in a Content Type is malformed for annonymous user- Permission issue?
I've added a new recipe. The recipe has no PHP code. It has two module dependencies (one of those depends on another contrib module and both depend on core modules that are normally enabled)...
The Future of Configuration Recipes for Backdrop CMS