1. Speed: This tells you how fast the object is moving.
2. Direction: This tells you the path the object is traveling along.
Velocity is a vector quantity, meaning it has both magnitude (speed) and direction.
For example:
* "The car is traveling at 60 miles per hour" only tells us the speed.
* "The car is traveling at 60 miles per hour eastbound" tells us both the speed and the direction, therefore giving us the velocity.
