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The German government introduced compulsory accident insurance for industrial fi rms in 1884. This insurance scheme was one of the main pillars of Bismarck's famous social insurance system. The accident-insurance system achieved only one of its intended goals: it successfully compensated workers and their survivors for losses due to accidents. The accident-insurance system was less successful in limiting the growth of work-related accidents, although that goal had been a reason for the system'sdoi:10.2139/ssrn.2127233 fatcat:jemn7yghyrb3jhrh2jx6jtfjoe