Simplify the following text for a Grade 14 native English-speaking person.
Original: These microvessels , measuring 5-10 Î 1\/4 m in diameter , connect arterioles and venules , and enable the exchange of water , oxygen , carbon dioxide , and many other nutrient and waste chemical substances between blood and surrounding tissues .
Simplified: They are about 5-10 Î 1\/4 ms big , which connect arterioles and venules , and enable the moving of water , oxygen , carbon dioxide , and many other nutrient and waste chemical between blood and surrounding tissues .