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This lecture covers the concept of elastic deformation in materials, focusing on the changes in volume and effective section during deformation. It explains the energy stored in materials due to elastic deformation and the factors influencing the choice of materials based on their elastic properties. The lecture also delves into the coefficients determining material rigidity, the behavior of materials under hydrostatic compression, and the significance of elastic limits. Additionally, it discusses the anisotropic and isotropic properties of materials, the relationship between bond energy and material rigidity, and the reversible nature of elastic deformation.