PREPARATION:
1st Step
In a large Dutch oven or vessel with a substantial bottom, heat the vegetable oil over medium heat. Add the beef cubes and sear them until all sides are seared. This lends complexity to the flavor of the goulash. The beef should be removed from the saucepan and set aside.
2nd Step
Add the chopped onion and minced garlic to the same saucepan. For approximately four minutes, sauté the onions until they become aromatic and translucent.
3rd Step
Cook the diced bell peppers for an additional 2 to 3 minutes, until they begin to tender. Combine the beef that has been seared with the sautéed vegetables.
4th Step
Sprinkle the beef and vegetables with paprika and caraway seeds (if using). Stir well to uniformly distribute the seasonings throughout the dish. Add canned or fresh minced tomatoes to the saucepan. Stir to integrate ingredients.