Dispensational theology refers to the unified teachings of Dispensationalism that address what other views teach as divergent theologies in the Old Testament and New Testament. Its name reflects a view that biblical history is best understood as a series of dispensations, or separated time-periods, in the Bible.
Each dispensation is said to represent a different way in which God deals with man. Some writers also believe that it also involves a different testing of man. “These periods are marked off in Scripture by some change in God’s method of dealing with mankind, in respect to two questions: of sin, and of man’s responsibility,” explained C. I. Scofield. “Each of the dispensations may be regarded as a new test of the natural man, and each ends in judgment—marking his utter failure in every dispensation.”