The basic economic condition that exists when unlimited wants exceed limited productive resources is called

The basic economic condition that exists when unlimited wants exceed limited productive resources is called is scarcity

Scarcity is the right answer.

Explanation:

Scarcity is a term used to define the limited availability of a product, which may be demanded by consumers or they have a demand in the market. Scarcity also involves a lack of resources for an individual to buy commodities.

In simple terms, scarcity exists due to the exceeding wants for resources by human beings. However, the basic problem of scarcity is confronted by all people, groups, businesses and administrations.

the picture is not clear

explanation:

when studying cause and effect, historians usually group the causes into different categories. for example, cultural causes reflect how a society’s literature and art convey the way the society saw itself in relation to the rest of the world. another resource that historians use to understand society is pop culture, which tells them the trends and ideas that are preferred by the common people. when studying cause and effect, it’s important to remember multiple causation, or the idea that an effect could have several causes and vice versa.  

the correct option is “cultural causes” since art and literature are related to the culture of a place. culture is determined by literature, art, music.

the correct option is “pop culture” since it reflects the likes and ideas of common people whereas the rest of the options do not focus on common people.  

the correct option is “multiple causation” since it refers to the idea that events are caused by multiple reasons, not just a single one.