The provided assignment content is a set of programming exercises that aim to teach object-oriented programming concepts, specifically inheritance and polymorphism. The tasks are divided into several parts, starting with identifying shared attributes and behavior between two classes (Customer and Video) and moving them to a parent class called Record. Then, the focus shifts to creating a video store system, which involves designing classes for Video, Customer, and Store, as well as implementing methods for adding videos and customers, renting videos, and displaying summaries. The assignment also includes tasks on building inheritance, testing polymorphism, and creating a menu-driven interface.