Consider the derivative of y with respect to t:
dy/dt, according to the chain rule:
$\frac{dy}{dt} = (\frac{dy}{dx})(\frac{dx}{dt}) $
This means that the derivative of $y$ with respect to a variable $t$ is the coordinate of $y$ with respect to $x$(i.e. the slope at $x$) times the coordinate of $x$ with respect to $t$.
How would it make sense more intuitively?
Intuitively in the sense, that it would make more sense physically or well, intuitively rather than just analytically, i.e. just using algebraic laws, it would be rather meaningful, if it made sense in a sort of a logical argument.
And how do we take this further to the second order deriative of parametric equations:
d2y/dx2 = (dy'/dt)/(dx/dt)