Industrial relations refers to the relationships between employers and employees within an industry. It involves the collective relationships between management and workers, as well as between employers/workers and the state. The objectives of industrial relations include avoiding conflict, raising productivity, improving workers' economic conditions, and protecting the interests of both management and labor. Important reasons for effective industrial relations include uninterrupted production, reduced disputes and wastage, high employee morale, and fostering industrial peace. Trade unions are organizations formed by workers to protect their members' interests through negotiating wages, conditions, and representing members in disputes. Benefits of joining a trade union include higher living standards, greater job security, increased bargaining power, and protection against unfair treatment.