The indirect demand for something that has value based on other goods that can be derived or made from it, such as raw materials or other inputs to a process of production. Derived demand for a material is driven by changes in demand for the end product whose creation or production requires that material.
Related information about derived demand:
- Derived demand - Wikipedia, the free encyclopedia
Derived demand is a term in economics, where demand for one good or service occurs as a result of the demand for another intermediate/final good or service.
- Derived Demand Definition | Investopedia
A term used in economic analysis that describes the demand placed on one good or service as a result of changes in the price for some other related good or ...
- What is derived demand? - BusinessDictionary.com
Definition of derived demand: Demand for a basic good (wanted not for its own sake but for the goods derived from it) such as textiles, that is due to its use in the ...
- Derived demand: A Glossary of Political Economy Terms - Dr. Paul ...
Derived demand. The demand for each of the factors of production is often referred to as a "derived" demand to emphasize the fact that the relationship between ...
- Transportation as a Derived Demand
Transportation as a Derived Demand In economic systems what takes place in one sector has impacts on another; demand for a good or service in one sector is ...
- Derived Demand: Definition from Answers.com
derived demand Requirement for one product that is created due to the purchase of another product. Derived demand occurs for consumers who purchase ...
- What is derived demand? definition and meaning - InvestorWords.com
Definition of derived demand: The indirect demand for something that has value ... Derived demand for a material is driven by changes in demand for the end ...
- Derived Demand
Derived Demand. Although economists did not formally develop the ideas of economic aggregation prior to the 1930s, they used them much earlier.