This document discusses the development of the placenta, umbilical cord, and membranes. It describes how the placenta forms from the decidua basalis of the endometrium and chorion frondosum of the fetus, which combine to form the placenta. It also discusses the development of chorionic villi and differentiation of trophoblast cells, invasion of spiral arteries by trophoblasts, and establishment of the placental circulation by the 17th day of development. The morphology of the mature placenta is also described, including its discoid shape, surfaces, weight, and potential abnormalities.