Believe it or not, you've done a lot of important groundwork in this hour! Not only have you learned what objects are and what kinds of objects are available to you in LiveMotion, but you've also learned how to draw the three basic shapes (rectangle, ellipse, and polygon) available within the application.
As if that weren't enough to help you quickly gain some skills using the application, you've also learned to work with the Properties, Transform, and Color palettes to make common modifications to your shapes. You've learned to alter position, rotation, width, and skew; change color; and modify individual shape appearances.