Final answer:
The claim that Congress specifically outlawed pyramid organizations in the US in 1934 is false. Regulations against certain types of pyramid schemes have developed over time, with enforcement often facilitated by the FTC.
Step-by-step explanation:
The statement that Congress outlawed pyramid organizations in the US in 1934 is false. While there have been regulations and legal actions taken against certain types of pyramid schemes over the years, there is no specific Act of Congress from 1934 that expressly outlawed all pyramid organizations. The Federal Trade Commission (FTC) plays a role in the regulation and enforcement against deceptive practices, including pyramid schemes, but the legal framework for this enforcement has been developed over time, with notable actions and regulations occurring much later than 1934.