Have you ever played with magnets and noticed that they attract or repel each other? Well, scientists have discovered that when you put a magnet close to certain materials, like metals, those materials can change their resistance (how easy it is for electricity to flow through them). This change in resistance is called magnetoresistance.
Imagine a bunch of cars driving through a road that has different levels of friction. If the road is smooth, the cars can drive fast and easily. But if the road is bumpy and uneven, the cars will have a harder time driving through, and it will slow them down.
In the same way, when a magnet is close to a material that has magnetoresistance, it changes the road's smoothness for the electrons that flow through it. If there's no magnet, the electrons can drive through with low resistance like the cars on a smooth road. But when a magnet is near, the electrons experience bumps and unevenness like the cars on a bumpy road, which makes it harder for them to flow through.
Scientists use the magnetoresistance effect to create new devices like magnetic sensors, which can detect magnetic fields. They also develop new materials with different levels of magnetoresistance to create faster and more efficient electronics.