Final answer:
Social shopping websites do not solely earn money by sharing data about their members' likes and dislikes with retailers.
Step-by-step explanation:
The statement that social shopping websites earn money solely by sharing data about their members' likes and dislikes with retailers is False.
Social shopping websites, such as Pinterest and Polyvore, do earn money through data sharing, but that is not their sole source of revenue. These sites also generate income through advertising, partnerships with retailers, and affiliate marketing.
For example, social shopping websites often display ads that are targeted to their users based on their preferences and shopping behavior. They may also receive commission or referral fees when users make purchases through their platform.