The biggest assumption is that, to first order, the number of asteroids and comets hitting the Earth and the Moon was the same as for Mercury, Venus, and Mars. The bottom line is that the more craters one sees, the older the surface is.
This can be interpreted in two ways: why it is important to know the age of a planet or how is age dating important in determining the age of a planet?
Among the best-known techniques are radiocarbon dating, potassium-argon dating and uranium-lead dating.
By allowing the establishment of geological timescales, it provides a significant source of information about the ages of fossils and the deduced rates of evolutionary change.
Radioactivity was discovered in 1896 by French physicist Henri Becquerel.
By 1907 study of the decay products of uranium (lead and intermediate radioactive elements that decay to lead) demonstrated to B. Boltwood that the lead/uranium ratio in uranium minerals increased with geologic age and might provide a geological dating tool.
Different methods of radiometric dating vary in the timescale over which they are accurate and the materials to which they can be applied.
We have rocks from the Moon (brought back), meteorites, and rocks that we know came from Mars.
We can then use radioactive age dating in order to date the ages of the surfaces (when the rocks first formed, i.e. We also have meteorites from asteroids and can date them, too.
We can get absolute ages only if we have rocks from that surface.
For others, all we are doing is getting a relative age, using things like the formation of craters and other features on a surface.