Industrial safety is primarily a management activity concerned with reducing, controlling, and eliminating hazards from industries. It is important because accidents can cause great losses to both employers and employees through costs of compensation, medical aid, training, lost time, investigations, and damage to machinery. The objectives of industrial safety are to prevent accidents, eliminate work stoppages, achieve lower insurance rates, prevent injury and disability, and promote safety awareness. Common causes of industrial accidents include unsafe conditions, equipment, acts, and psychological factors. Measures to ensure safety include safety policies, committees, engineering controls, training, and government oversight.