Here's why:
* Speed tells us how fast something is moving.
* Direction tells us which way something is moving.
Velocity combines both speed and direction.
For example:
* "The car is traveling at 60 miles per hour" tells us the speed.
* "The car is traveling east" tells us the direction.
* "The car is traveling at 60 miles per hour east" tells us the velocity.
Let me know if you'd like more examples!