When a force acts perpendicular to an object's velocity, it alters the direction of the velocity vector without changing its magnitude, resulting in uniform circular motion. This occurs because the work done by the force is zero, as the force and velocity are perpendicular, leading to no change in kinetic energy. The force provides centripetal acceleration, which continuously redirects the object's path rather than increasing its speed. In contrast, if a force acts in the same direction as the velocity, it would increase the object's speed. Thus, the key takeaway is that only forces aligned with the direction of motion can change the speed of an object.