If you mean your own artwork, then you'd take a picture of it, upload it to your computer (make sure you know where you're saving it), then select Insert > Picture in Word, browse in the location where you saved the photo, click the picture, and insert. If you mean an image from the internet or something, you can just save it to your computer and basically follow the rest of the steps above.
As an artist I resent some people's assumption that original art from my abilities and imagination, which I have sacrificed a lot to develop, should somehow default to public property. If we require artists to participate in a money economy their art belongs to them. Copying images and not following the copyright owners permissions to the letter is stealing, outright. And deep pockets like Disney has taught individuals that the hard way.
This is TERRIBLE! Besides being able to edit vector images like Will mentioned (which is important for those of us who don't have graphic artists available to create custom images or the budget or time to buy that service ad hoc), you could also search for style "families" (different graphics that were all in the same style). There was a huge range of files and styles in the collection and it was much faster to find what you need than to do a Bing search. Plus, you knew that everything there was free and free to use, without having to worry about CC license issues.
This applies more to teachers than to anyone else, but clip art (especially black line clip art) can´t be beat when it comes to using images that are going to be photocopied. It creates a much cleaner look than a photo. While there is much talk of going digital, the reality is that most of the world still is using paper for teaching . . . and a lot of it, not because we aren´t open to the digital world, but many times not all students have access.
Be careful: most Creative Commons images require attribution, meaning you need to give credit to the artist in order to use the image. Make sure you understand Creative Commons and other licenses 3 Popular Image Licenses You Need To Be Familiar With Before Using Someone's Photos 3 Popular Image Licenses You Need To Be Familiar With Before Using Someone's Photos Read More before using such images.
My colleague Chris compared Google Image search to Bing Bing Images vs. Google Images - Which Has Better Results? Bing Images vs. Google Images - Which Has Better Results? Bing’s image search once challenged Google, offering more features and a better design. With infinite scrolling and the ability to search for similar images, Bing was legitimately better than Google at image search just a... Read More , and found Google’s results to be better. If you feel the same way, don’t worry: you can use it to find rights-cleared images. While searching for an image, click Search Tools then Usage Rights.
This pretty seriously ticks me off. Why in the world would a company delete something that far ranging without at least sending an email to the customer or broadcasting it on every platform possible? I used clip art on a regular basis....making cards, mailing labels, chore charts, papers for my homeschool, etc. It would have been nice to be able to save off all those clip art graphics to my own drive before MS Office did one of their lovely updates and removed everything. Personally, I detest Bing and I'm not even remotely interested in getting involved with anything involving copyright law. Maybe it's time to make the journey to Open Office at last. Buh bye Microsoft!