What are the merits of induction?

Merits of Induction are as follows:

1. Inductive generalizations are based on observed facts and realistic foundation, and as such, they are precise and accurate.

2. Inductive method is scientific in character. Some of the important theorems of physical and social sciences have been developed through this method.

3. Inductive method underlines the relativity of laws of generalizations. It points particular generalization is valid under particular circumstances.

4. Induction supplies the universal premise and is helpful in finding out material truth.