A compact space is automatically locally compact because every point can have the entire space as a compact neighborhood. However, the subspace of rational numbers, Q, is not locally compact since it lacks compact neighborhoods for its points. To demonstrate this, one can consider any point in Q and show that any neighborhood includes irrational points, which prevents it from being contained in a compact subspace. The discussion emphasizes that locally compact spaces require every point to have a compact neighborhood, whereas compactness applies to the entire space. Understanding these distinctions is crucial for grasping the properties of locally compact and compact spaces.