What is dispensationalism?

Can someone please explain dispensationalism?

I was listening to a Non-Catholic station and they were talking about dispensationalism. Can someone explain it in simple terms so I can understand it?

These links should give you the answers that you need. If you have any further questions or concerns that are not answered by this, please contact Catholic Answers directly.
**Recommended Reading:
*]Is there anything written on debunking Dispensationalism?
*] When did the New Covenant begin?

DISCLAIMER: The views and opinions expressed in these forums do not necessarily reflect those of Catholic Answers. For official apologetics resources please visit www.catholic.com.