In Flask template inheritance, the base template defines blocks as placeholders for content. The child template extends the base and can override these blocks to customize parts of the page. When rendering, Flask uses the child's block content if it exists; otherwise, it falls back to the base's block content. This allows flexible reuse of layouts with specific customizations. The execution table shows the steps: defining blocks in base, extending in child, overriding blocks, and rendering final content. The variable tracker highlights which blocks have overrides and what content is finally used. Key moments clarify why some blocks show base content and how empty overrides behave. The visual quiz tests understanding of which content is used at each step.