* Speed is a scalar quantity. It only tells you how fast something is moving, without considering direction. For example, a car traveling at 60 mph.
* Velocity is a vector quantity. It tells you both how fast something is moving and in what direction. For example, a car traveling at 60 mph north.
In short:
* Speed: Magnitude only
* Velocity: Magnitude and direction
Think of it like this:
* You're driving a car at 60 mph. That's your speed.
* You're driving your car at 60 mph heading north. That's your velocity.