Method for sharing information and positive ratings of products, services, individuals and organizations in a social network

A method of providing recommendations for items on a social networking website, the method comprising:

• allowing members of the social networking website to select items that will be identified as favorite items of the members;
• allowing the members to assign to each of the selected items only one of a plurality of positive ratings;
• allowing each member to associate other members of the social networking website with the member;
• and
• allowing members of the social networking website to search for the favorite items of other members.

A system for providing recommendations for items through a social networking website, comprising:

• a computer system for providing the social networking website, the computer system operable to,
• enable members of the social networking website to select items that will be identified as favorite items of the members;
• enable the members to assign to each of the selected items only a respective one of a plurality of positive ratings;
• enable each member to associate other members of the social networking website with the member;
• and
• enable members of the social networking website to search for the favorite items of other members.

A method of providing recommendations for items through a social networking website, the method comprising:

• facilitating the selection of items that will be identified as favorite items of members of the social networking website;
• facilitating by members the assignment to each of the selected items only one of a plurality of positive ratings;
• and
• facilitating for each member the association fo other members of the social networking website with the member;
• and facilitating searching by members of the social networking website for the favorite items of other members.