Okay kiddo, do you know what liberty means? It means freedom. And do you know what arts and sciences are? Arts are things like drawing, painting, and playing music. Sciences are things like studying the environment, studying plants and animals, and studying the human body.
Now, sometimes people think that if you have too much freedom, it could be bad for you. But the idea of liberty displaying the arts and sciences means that when people are free to express themselves and learn new things, it can lead to a better society.
So, imagine a big statue of a lady holding a torch in one hand and a book in the other hand. The torch represents enlightenment, which means having new ideas and understanding things better. And the book represents knowledge and education, which means learning new things.
When people are free to express themselves and learn new things, they can create beautiful art, make new discoveries in science, and come up with new ideas that can help make the world a better place. So, the idea of liberty displaying the arts and sciences is all about how freedom and education are important for making the world a better and more interesting place.