Using this system as a basis, dispensationalists understand the Bible to be organized into seven dispensations: Innocence (Genesis 1:1–3:7), conscience (Genesis 3:8–8:22), human government (Genesis 9:1–11:32), promise (Genesis 12:1–Exodus 19:25), law (Exodus 20:1–Acts 2:4), grace (Acts 2:4–Revelation 20:3), and the millennial kingdom (Revelation 20:4-6).
Kung gagamitin ang sistemang ito bilang basehan, nauunawaan ng mga Dispensationalists ang Bibliya na iorganisa sa pitong dispensations: walang kaalaman (Genesis 1:1 - 3:7), Konsensiya (Genesis 3:8 - 8:22), Pantaong Gobyerno (Genesis 9:1 - 11:32), Pangako (Genesis 12:1 - Exodo 19:25), Batas (Exodo 20:1 - Mga Gawa 2:4), Grasya (Mga Gawa 2:4 - Pahayag 20:3), at ang Kahariang Millennial (Pahayag 20:4 - 20:6).