Final answer:
The statement is True. Part of Octavio Paz's acceptance speech includes discussion of the Great Chain of Being, also known as the universe.
Step-by-step explanation:
The statement is True. Part of Octavio Paz's acceptance speech includes discussion of the Great Chain of Being, also known as the universe. The concept of the Great Chain of Being refers to the hierarchical structure of the universe, where everything is interconnected and positioned in a specific order based on its importance and divine plan. This concept was prevalent in medieval and Renaissance thought, and it is often depicted as a chain linking various levels of existence, from God at the top to inanimate objects at the bottom.