Combine carrots, onions, potatoes, and beef in the slow cooker.
Add in garlic, broth or stock, tomato paste, paprika, lemon zest, caraway seeds, pepper, bay leaf, and thyme.
Stir ingredients in slow cooker to mix.
Cover and cook on low heat for 8 to 9 hours.
(Optional: set cooker to high heat and cook for 4 hours to save time)
Once all ingredients are tender, add in pepper strips and continue cooking for thirty minutes.
Serve warm and enjoy!