Final answer:
The statement that Uruguay has much social welfare is true, as it is a highly urbanized country with a strong economy and a developed social welfare system.
Step-by-step explanation:
The statement 'Uruguay has much social welfare' is true. Uruguay has a high level of urbanization, with more than 92 percent of its population living in urban areas, and it has developed a postindustrial economy that includes a strong IT sector and software development. This economic development has supported the country in providing a strong social welfare system.
With the capital, Montevideo, accommodating a large portion of the population, the country boasts higher living standards and income levels compared to many other parts of South America. Although political turmoil is mentioned in the context of other countries in the region, like Bolivia and Peru, this is not necessarily indicative of social welfare levels in Uruguay itself. The urbanized nature and the advances in agriculture and global trade connections contribute to Uruguay’s ability to offer social benefits to its citizens.