The term "home economics" has evolved over the years and now has various synonyms that describe the same concept. It is a field of study that deals with the management of personal and family resources, applying principles of nutrition, finance, housing, and consumerism. Today, home economics is known as family and consumer sciences, human ecology, or domestic science. The core principles remain the same, with an emphasis on practical skills to build better family life and improve economic security. Other synonyms for home economics include home management, home ec, and home science. The focus on these fields is to nurture essential life skills that can serve individuals and families for a lifetime, regardless of their background or demographic.