Simplify the following text for a Grade 11 native English-speaking person.
Original: It is bordered on the north by the Arctic Ocean , on the east by the North Atlantic Ocean , on the southeast by the Caribbean Sea , and on the west by the North Pacific Ocean ; South America lies to the southeast of the continent .
Simplified: North America is a continent in the Northern and Western halves of Earth , located to the east of the Pacific Ocean , the West of the Atlantic Ocean , the South of the Arctic Ocean , and the North of South America .