The Cherryvale Opera House Company was organized.The city had five saloons in town at this time.Exchange Bank (Now Peoples State Bank) opens. 1881 Prohibition takes effect in Kansas. Cherryvale voted in the fall of 1880 in favor of a state law to outlaw the sale and manufacture of spiritual liquors.
Freebase(0.00 / 0 votes)Rate this definition: Derived demand is a term in economics, where demand for a factor of production or intermediate good occurs as a result of the demand for another intermediate or final good.
cyclical demand noun [S or U]. âº âdemand that âchanges in a âregular way over âtime depending on the âeconomic âsituation, âtime of âyear, etc.: Many âcompanies involved in the âmanufacturing âengineering âsector have a âcyclical âdemand. (Definition of cyclical demand from the Cambridge Business English Dictionary Â© Cambridge University Press).