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Redux. Transform and place all data returned by the APIs into a global application store.
React Context.Transform and place all data returned by the APIs into component-based context.
React State.Transform and place all data returned by the APIs into component-based state.
Composition.
Blend of all the above.
Historically, using Redux came with a fair amount of repetitive boilerplate that would make working with it a bit cumbersome, though many of the concerns around boilerplate were mitigated through the use of @reduxjs/toolkit.
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