Hungarian Goulash (Gulyás)

Ingredients

• 600 g beef (chuck, cut into cubes)
• 2 onions (chopped)
• 3 tbsp oil or lard
• 2 tbsp Hungarian paprika
• 2 cloves garlic (minced)
• 2 carrots (sliced)
• 2 potatoes (cubed)
• 1 tomato (chopped) or 1 tbsp tomato paste
• 1 bell pepper (chopped)
• 1 tsp caraway seeds
• 1 tsp salt
• ½ tsp black pepper
• 1–1.2 L water or beef broth