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This country style beef stew recipe is made with stew beef, carrots, onions, and thyme, along with potatoes and other ingredients.
In a large skillet or sauté pan, heat the oil over medium heat. Add beef; brown the meat well on all sides.
Add salt, bay leaf, and thyme, along with the condensed beef broth and 3 cups of the water.
Cover and bring to a boil.
Reduce heat and simmer for 1 1/2 hours. Add carrots, potatoes, and onions; simmer for about 30 minutes longer, or until vegetables are tender.
Combine cornstarch and remaining 1/4 cup of water in a small bowl or cup; stir until smooth.
Stir the cornstarch mixture into the stew. Bring to a boil, stirring constantly. Boil for 1 minute.