Charles Darwin developed the theory of evolution by natural selection after observing variations in species during his voyage on the HMS Beagle. The document discusses the key points of Darwin's theory, including that 1) organisms produce more offspring than can survive, 2) individuals vary, 3) those best adapted to the environment survive and pass on their traits, leading populations to become better adapted over time. It also describes Darwin's observations of finches on the Galapagos Islands which provided evidence for his theory of evolution.