What does the Fair Labor Standards Act primarily establish besides wage regulations?

The Fair Labor Standards Act (FLSA) primarily establishes regulations concerning child labor in addition to its wage and hour standards. This includes provisions that limit the types of work that minors can perform and the hours they are allowed to work, ensuring their protection and well-being in the workplace. By setting these child labor laws, the FLSA aims to prevent the exploitation of young workers and to promote their education and health.

While the other choices may relate to employment in some capacity, they are not the primary focus of the FLSA. Health care benefits, employment contracts, and retirement plans are subject to various other laws and regulations, but they do not fall under the core mandates of the FLSA. Thus, the correct answer highlights an essential aspect of labor standards that prioritizes the protection of minors in the workforce.