Which act establishes standards for working hours and wages, alongside child labor restrictions?

The Fair Labor Standards Act (FLSA) is the correct choice because it specifically establishes standards for minimum wage, overtime pay, and child labor restrictions. Enacted in 1938, the FLSA was designed to protect workers from unfair labor practices and to ensure that employees are compensated fairly for their time worked. This includes provisions that dictate how many hours a minor is allowed to work and the types of jobs they can perform, which are crucial for preventing child labor exploitation.

The act's minimum wage and overtime rules set the baseline for employees' earnings and work hours, ensuring that workers receive appropriate compensation for their labor, particularly for hours worked beyond the standard 40-hour workweek. In essence, the FLSA serves to safeguard the welfare of employees by laying out clear guidelines regarding the treatment of workers in terms of pay and working conditions.