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The article provides an outlook on the government and economy of Iran wherein the Soviet Union, Great Britain and the U.S. will play a significant role in achieving prosperity. It states that the Reza Shah Pahlavi was replaced by his son in 1941 since he opposed to occupation of Soviet and British troops. It highlights the appointment Dr. A.C. Millspaugh as the foreign financial adviser to alleviate the effects of the inflation in the country in 1943.

Focuses on socio-economic conditions of Persia and its capital city Teheran as of April 1921. Agricultural products of the country; Implications of World War I for the country; Historical background of Teheran; Cultural activities of the city; Features of its building architecture; Goods sold at Teheran's street markets.