(No children were hurt in the making of this explanation)
Suppose we have a carousel operator that is crazy enough to let this demonstration go through. We will place the magnetometer at the center of the carousel in order to measure the magnetic field of the “nucleus” our makeshift atom. We then place a child on a horse holding an electrically charged ball, and then make the carousel start rotating. The child then represents an charge going in a loop around our “nucleus.” This demonstrates the orbital contribution. Now, suppose we replace the charged ball with a bar magnet and stop the carousel. Then, the child now represents an electron with spin. This then demonstrates the spin dipolar contribution. Lastly, suppose we have the child holding a charged ball again with the carousel spinning. But now, we let the child wander wherever he wants, even the “nucleus” on the carousel while holding the charged ball. This demonstrates the Fermi contact contribution.