The statement that best analyzes the ruling of Plessy v. Ferguson in relation to individual freedoms and equal protections is:
Plessy v. Ferguson established the separate but equal doctrine that segregated Black Americans in public spaces.
This option accurately reflects the ruling's impact on segregation and civil rights by affirming the legality of racial segregation under the "separate but equal" doctrine, which ultimately institutionalized inequalities and limited individual freedoms for Black Americans.