I was once asked this question by a Chinese high school student who was quite bright, but couldn't speak English worth beans.
He wrote the following on a piece of paper and looked at me questioningly:
$$2^{1/2}=?$$
Here is how I answered him.
(I wrote each of the following on a sheet of paper one after another and pushed the paper at him, and he wrote the answer to the question mark.) (And actually I used dots for multiplication rather than $\times$, but whatever.)
$$5\times5\times5=5^?$$
$$7\times7\times7\times7\times7=7^?$$
$$(5\times5)\times(5\times5\times5)=5^?$$
$$5^2\times5^3=5^?$$
$$7^4\times7^5=7^?$$
$$37^4\times37^{13}=37^?$$
$$17^5\times17^5\times17^5=17^?$$
$$(17^5)^3=17^?$$
$$(17^3)^5=17^?$$
$$(1357^{17})^{10}=1357^?$$
$$(x^2)^{1/2}=x^?$$
At this point he grabbed the paper from me and wrote:
$$2^{1/2}=\sqrt 2$$
(Note: it was implied by our written dialogue that $x$ represented some counting number. Not a negative number! When you allow negative numbers to get involved with fractional exponents, things get more interesting—and also very beautiful—but that's a different lesson. :) )