Dispensationalism is a religious interpretive system for the Bible. It considers Biblical history as divided deliberately by God into defined periods or ages to each of which God has allotted distinctive administrative principles. According to dispensationalist interpretation, each age of the plan of God is thus administered in a certain way, and humanity is held responsible as a steward during that time. Each dispensation is marked by a cycle. God reveals Himself and His truth to humanity in a new way. Humanity is held responsible to conform to that revelation. Humanity rebels and fails the test. God judges humanity and introduces a new period of probation under a new administration.
The number of dispensations discerned by theologians within Biblical history vary typically from three to eight (See History below). The three- and four-dispensation schemes are often referred to as minimalist, as they include the commonly recognized divisions within Biblical history. The typical seven-dispensation scheme is as follows:
Numerous purposes for this cycle of administrations have been suggested. God is seen to be testing humanity under varying conditions, while vindicating His ways with humanity in originally granting them free will. The dispensations reveal God's truth in a progressive manner, and are designed to maximize the glory that will accrue to God as He brings history to a climax with a Kingdom administered by Christ, thus vindicating His original plan of administering rule on earth through "human" means. The goal of the dispensations is summarized by Paul the Apostle in Ephesians 1:9-10, "He made known to us the mystery of His will, according to His kind intention which He purposed in Him with a view to an administration suitable to the fullness of the times, that is, the summing up of all things in Christ, things in the heavens and things on the earth" (NASB).
Below is a table comparing the various dispensational schemes:
One important underlying theological concept for dispensationalism is progressive revelation. Some non-dispensationalists start with progressive revelation in the New Testament and refer this revelation back into the Old Testament, whereas dispensationalists begin with progressive revelation in the Old Testament and read forward in a historical sense. Therefore, there is an emphasis on a gradually developed unity as seen in the entirety of Scripture. Biblical covenants are associated with the dispensations. When these Biblical covenants are compared and contrasted, the result is a historical ordering of different dispensations. Dispensationalism emphasizes the original recipients to whom the different Biblical covenant promises were written. This has resulted in certain fundamental dispensational beliefs, such as a distinction between Israel and the Church.