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.
Aggregate demand relates to the total amount of goods demanded by consumers in an economy over a specified period of time. It also is a reflection on the economic power of consumers. Economic factors that impact a large number of consumers in a positive manner increase customer purchases and aggregate demand.