Lubrication is like putting a little bit of magic juice on things that move, so they can move better without making any grinding or screeching sounds. Just imagine a door hinge, without any oil or grease, it can be very hard to move and it makes a squeaky noise, that's because the metal parts are rubbing together really harshly.
Now, imagine if you put a little bit of oil on the hinge, it helps the metal parts slide against each other smoothly and the door can now move quietly without any trouble.
The same thing goes for a car engine or any machine, all the parts that move inside it are rubbing against each other and create a lot of friction, which can damage the parts quickly, that's where the lubrication comes in. The engine oil or grease helps to create a smooth layer of protection between the parts, so they can move efficiently without grinding together and it also cools down the parts as they work, this helps the engine last longer and work better.
So, lubrication is like giving a high-five to all the moving parts in a machine, so they can happily and smoothly work together without getting into any trouble.