<ul><li>Redux is a state management library used in React applications, and Redux Toolkit is its official library for managing global state in a simpler and structured way.</li><li>Redux Toolkit simplifies Redux setup by providing features like configureStore(), createSlice(), and createAsyncThunk().</li><li>The basic steps to set up Redux Toolkit in a React project include setting up the store, integrating it into the app, creating slices, and using Redux in components.</li><li>Redux Persist is a library used to save application state to local storage, and it can be implemented with Redux Toolkit using the redux-persist library.</li></ul>

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