This is the 608th most frequent Czech word.
hlediska
"Perspectives" or "points of view."
"Hlediska" is used to signify a 'viewpoint' or 'perspective' from an economical context.
Z ekonomického hlediska je tato investice riziková.
From an economical perspective, this investment is risky.
In this context, "hlediska" refers to an 'ethical perspective' to judge acceptability.
Z etického hlediska je tato situace nepřijatelná.
From an ethical standpoint, this situation is unacceptable.
"Hlediska" here denotes a 'standpoint' emphasizing practicality.