This is the case of $V$ being a plane, and $U_i$ representing lines that pass through the origin. Clearly, if you take two vectors from the lines and you add them you will end up with a vector outside the lines, meaning that this is not a vector space.
More formally:
$U_1=\{\alpha(u^{(1)}_1,u^{(2)}_1), \alpha\in\mathbb{R}\}$ and $U_2=\{\alpha(u^{(1)}_2,u^{(2)}_2), \alpha\in\mathbb{R}\}$. Let $v =(v^{(1)},v^{(2)})=\alpha(u^{(1)}_1,u^{(2)}_1) + \beta(u^{(1)}_2,u^{(2)}_2)$ for some $\alpha,\beta\in\mathbb R$. If the union were to be a vector space, then there must exist $\gamma \in\mathbb R$ such that $v = \gamma(u^{(1)}_1,u^{(2)}_1)$ or $v = \gamma(u^{(1)}_2,u^{(2)}_2)$.
Solve each of the equations for $\gamma$ and convince yourself that there is no $\gamma\in\mathbb R$ that can can solve them. Therefore the assumption is false and the union cannot be a vector space.