The demand for it is what makes it valuable
In philosophy, economics, and political science, the common good (also commonwealth or common weal) is a term of art, referring to either what is shared and beneficial for all or most members of a given community, or alternatively, what is achieved by citizenship, collective action, and active participation in the realm of politics and public service.
The “Fifty-four Forty” raises to a line of latitude, an
east-west running line marking a north-south border. This specific line was the
anticipated national boundary between the mounting United States’ Oregon territory
and Canada. During the 1844 presidential campaign, the Democratic Party declared
that the US could claim all land in the Oregon Country north to the 54-40 line
or parallel. The British disputed claims north of the 42nd parallel.
54-40 or fight turn out to be the slogan of the expansionists. Subsequent to the
election, Democratic Pres. James Polk finally led the US to decide to a concession
border at the 49th parallel where the northern boundary survives.
Answer:
The most important impact is that colonies felt usurped in their rights and rise up against England leading to the Independence and creation of the USA.
Second the land that previously was owned to France was now in the power of England. Please see the image attached
