The results of Multiple Mirror Telescope spectrophotometry of the extr
emely low metallicity blue compact galaxy (BCG) SBS 0335-052 (SBS-the
Second Byurakan Survey) are presented. The oxygen abundance in the cen
tral, brightest part of the galaxy is found to be 12 + log (O/H) = 7.3
3 +/- 0.01, only slightly greater than the oxygen abundance in the mos
t metal-deficient BCG, I Zw 18. We show that the N/O, Ne/O, S/O, and A
r/O abundance ratios in SBS 0335-052 are close to those derived for ot
her BCGs, suggesting that heavy-element enrichment in the H II region
is due to massive-star evolution. However, we find an O/Fe abundance r
atio close to that in the Sun, at variance with values derived for oth
er BCGs. The helium abundance derived from the He I 4471, 5876, and 66
78 Angstrom emission lines, taking into account collisional and fluore
scent enhancement, is Y = 0.245 +/- 0.006, close to the value of the p
rimordial helium abundance, Y-p = 0.243 +/- 0.003, derived by Izotov,
Thuan, & Lipovetsky. We detect auroral [O III] lambda 4363 emission in
the inner part of the H II region with a diameter of 14 '', or 3.6 kp
c, and find that the H II region inside this diameter is hot, T-e simi
lar to 20,000 K. The oxygen abundance in this region is nearly constan
t [12 + log (O/H)= 7.1-7.3], with a gradual decrease to the outer part
of II II region, implying effective mixing of ionized gas on short ti
mescales. We study the distribution;of the nebular He II lambda 4686 e
mission line and find that it is not produced by main-sequence O stars
or Wolf-Rayet stars. Possible excitation mechanisms for this line, su
ch as massive X-ray binaries and shocks, are discussed. We also discus
s the origin of blue, underlying, extended low-intensity emission dete
cted in SBS 0335-052 in V, R, and I images. The blue V-I and R-I color
distributions suggest that a significant contribution to the extended
low-intensity envelope is due to ionized gas emission. This is eviden
ce that SBS 0335-052 is a young galaxy experiencing its very first bur
st of star formation. However, we find that the observed equivalent wi
dth of H beta emission in the extended envelope is 2-3 times lower tha
n the value expected in the case of pure gaseous emission. Furthermore
, we find that the widths of H gamma and H beta are narrower than the
instrumental process; this could be explained by the presence of under
lying stellar absorption from A stars. These findings suggest that, al
ong with the young (similar to 10(7) yr) blue stellar clusters in the
center of the galaxy, an older stellar population of age similar to 10
(8) yr may be present in the extended envelope of SBS 0335-052 having
a total mass of similar to 10(7) M., 2 orders of magnitude smaller tha
n the neutral gas mass but comparable with the total mass of stars in
blue young stellar clusters observed in the center of the galaxy. We c
onclude that SBS 0335-052 is a young nearby dwarf galaxy with age simi
lar to 10(8) yr.