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In this lecture, the focus is on the basics of soil settlement and consolidation under induced stress. The discussion covers geostatic stresses, which are the stresses experienced by soil due to its own weight and that of the overlying soil. Induced stresses are also introduced, as they result from construction activities such as building embankments, dams, levees, or buildings. Geotechnical engineers aim to predict how soil will deform vertically under these induced stresses, a process known as settlement. The lecture mentions that there are three types of settlement that can occur as a result of these factors.