What is the role of rifts and ridges in the creation of conitinents?

Answer 1

In geology, a rift is a place where the Earth's crust and lithosphere are being pulled apart. Typical features are a central linear downdropped fault segment, called a graben, with parallel normal faulting and rift-flank uplifts on either side forming a rift valley. The axis of the rift area commonly contains volcanic rocks and active volcanism is a part of many but not all active rift systems. Rifts are distinct from Mid-ocean ridges, where new oceanic crust and lithosphere is created by seafloor spreading. In rifts, no crust or lithosphere is produced. If rifting continues, eventually a mid-ocean ridge may form, marking a divergent boundary between two tectonic plates. Failed rifts are ancient to modern features where continental rifting began, but then failed to continue. Typically the transition from rifting to spreading develops as three converging rifts over a hotspot. Two of these evolve to the point of seafloor spreading, while the third ultimately fails, becoming an aulacogen.

http://en.wikipedia.org/wiki/Rifts I usually do not go to wikipedia because I find more in scientific sites but, most simply, wikipedia explained this the best with thorough discription, simple, and not too wordy. I hope this helps.